Under the Federal Government’s Small-scale Renewable Energy Scheme (SRES), when you install an eligible system, you may claim a set number of these STCs.

What is an STC worth?

The financial value of an STC is dependent on the supply of and demand for STCs. As a result this value can be variable from day to day. Price is held when complete and correct claims are received at our office. Please contact us for an update on current pricing.

Do I need to register with Greenbank Environmental to claim STC payment?

If you are claiming the STC payment as the system/home owner you do not need to register with Greenbank, simply ensure the form is completed in full and provide your bank account information in the payment details section for payment via direct deposit.

Installers, suppliers and builders wishing to trade regularly are required to complete an account application form in order to establish a trading account. Please phone our office and we can provide the appropriate forms.

How do they allocate a number of STCs to systems?

The number of STCs is based on the amount of electricity in megawatt hours (MWh):

generated by your small-scale solar panel, wind or hydro system over the course of its lifetime of up to 15 years; or

displaced by your solar water heater or heat pump over the course of its lifetime of up to 10 years.

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ABN: 24 604 328 734. AFSL number: 427921. The information contained in this web site is not investment advice or financial product advice and has been prepared without taking into account your investment objectives, financial situation or particular needs. You should seek your own professional advice before making a decision about whether to acquire the financial products discussed in this document and you must obtain a PDS from us prior to making a decision about entering into any financial product transaction with us.